Is Moynihan the Right CEO for Bank of America?

Is Brian Moynihan the man to keep Bank of America on track?

Allison Southwick interviews Fool contributor John Maxfield and asks him the $12 million question: does Bank of America's (NYSE:BAC) CEO deserve his 73% pay raise? Maxfield's answer is an emphatic yes. Maxfield cites Brian Moynihan's success navigating the bank's morass of toxic mortgages and million-dollar lawsuits. He goes on to praise Moynihan for being a traditional banker who will cleanse the bank of noncore businesses, who plans to distribute capital to shareholders once allowed to, and who has forsworn future acquisitions.